Home / Knowledge / News / Fashion / Tommy Hilfiger grants new luggage license

Tommy Hilfiger grants new luggage license

18
Jun '10
The Tommy Hilfiger Group, which is wholly owned by Phillips-Van Heusen Corporation, announced that it will bring its European handbag and small leather goods business in house, effective for Spring 2011.

Tommy Hilfiger handbags and small leather goods were introduced to the European market in 2004 under a licensing arrangement currently operated by Tichebox Srl. Sales exceeded EUR 16.5 million (US$20.3 million) at wholesale in 2009.

"The integration of this business within the Tommy Hilfiger Group is intended to optimize both product development, as well as sales," said Fred Gehring, Chief Executive Officer of the Tommy Hilfiger Group. "We see tremendous growth potential for these categories and this step will provide us with greater control and improved brand alignment."

The transaction is expected to close by June16, 2010. No financial details of the transaction have been disclosed. The division will be managed by Christopher Koerber, SVP of Footwear and Accessories and will report to Daniel Grieder, CEO of Tommy Hilfiger Europe B.V. Simultaneously with the closing, Tommy Hilfiger will enter into a new licensing agreement with Tichebox for the design, production, sales and marketing of luggage under the Tommy Hilfiger brand.

With a premium lifestyle brand portfolio that includes Tommy Hilfiger and Hilfiger Denim, The Tommy Hilfiger Group is one of the world's most recognized designer apparel groups. Its focus is designing and marketing high-quality menswear, womenswear, children's apparel and denim collections. Through select licensees, the Group offers complementary lifestyle products such as accessories, fragrances and home furnishings. Merchandise under the Tommy Hilfiger brands is available to consumers worldwide through an extensive network of Tommy Hilfiger retail stores, leading specialty and department stores and other select retailers and retail channels.

Tommy Hilfiger Group


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 2nd Aug 2021

Sourcing by garment brands increasingly moving out of China: ILO

The declining trend of China’s garment exports is in line with the...

Pic: Prada

Fashion | On 2nd Aug 2021

Online sales drive Italian luxury firm Prada's growth in H1 FY21

Despite continued restrictions, the Italian leader in luxury goods...

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search